Events: Obama said it would exert pressure on the RMB exchange rate issue more sanctions against China
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Obama put pressure on the RMB exchange rate issue sanctions against China said it would take more Obama 20, said China's "lack of diligence" to resolve the issue of RMB, saying the United States will be the first in the World Trade Organization (WTO) sanctions on China to take more initiatives. Obama's position that the United States for the reform of RMB exchange sharp words continue to escalate. 21, according to Reuters reports, Obama received 20 in the U.S. financial television "CNBC" interview, said that the yuan is undervalued, this "does not meet the actual market situation and allow China to gain a competitive advantage in trade." He said, "We said that China, given China's economic growth, people get rich, increased exports, China should let its currency appreciate, to make adjustments according to market conditions", "they agree in theory but in practice has not been a best effort . " In addition, Obama also said for the establishment of more equitable trade relations between China and the U.S. before the U.S. government will take more sanctions on China WTO initiatives. "We are more effective than in the past enforcement of the relevant trade," he said. But Obama also said China's economic development good for America. Obama said the Chinese out of poverty for millions of people around the world is a good thing, it makes China more stable, but also conducive to world economy and U.S. businesses to thrive. "China is a huge market, the United States should be able to export large amounts of goods to China." Obama said with a smile: I hope that these beautiful glass pattern printed letters can be exported to Shanghai and Beijing. Recently, as the U.S. mid-term elections approaching, facing sluggish domestic economy and continued weakness in the employment situation, some U.S. officials and members of Congress once again stir up the recent issue of the RMB exchange rate, an attempt will be sluggish U.S. economy, the RMB exchange rate as a "scapegoat." (General news agency, Global Times) (Editor: Zeng An energy) |
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